So, is investing in AirBnB property a good idea? Here’s my experience recently buying and renovating a duplex in Atlanta for that exact purpose.
As AirBnB has grown in popularity, some real estate investors have even begun looking at buying property for the express purpose of renting it out using AirBnB, or a similar home-sharing platform. It allows homeowners to rent out their homes, or part of their homes, as much or as little as they want. One new way to earn income from real estate is by using the website AirBnB. As the internet and the gig-economy become ubiquitous to modern life, new ways to rent out a livable space have opened up to enterprising investors. While rental real estate investing is nothing new, there are now more ways than ever to hold income-producing property. Even the founder of McDonald’s is famous for claiming that he’s not really in the hamburger business he’s in the real estate business. On top of that, many very wealthy people have become rich through real estate investing, including Robert Kiyosaki, Barbara Corcoran, and Donald Trump. The thought of ongoing passive income from a tangible asset like real estate can be very appealing, especially compared to the rollercoaster ride of the stock market. Many investors find the idea of buying rental real estate attractive.
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